Opportunities for distributing
There are hundreds of boxes, pallets, and products in your warehouse, all of which are important to track. Now, when manufacturers tag their products before they leave the plant, all distributors will need to do is implement readers and software to capture their data. The data captured will provide actionable insight into your stock, whether it be for forecasting or locating purposes.
To make the most of an RFID system and maximize visibility, we recommend tagging all your items. One expert from Forrester suggests doing this when demand for tagged items increases to at least 40% . This is not only because it is cost-effective, but it prevents you from accidentally creating a split system.
When Walmart first attempted RFID, distributors kept the EPC-tagged items separately from the rest of their inventory. This lack of standardization caused confusion and reduced visibility into their stock.
Even if you are not at a point yet to fully implement RFID, the Walmart mandate puts you well on your way. As we’ve seen over the past few years, RFID helps companies maintain a strong omnichannel fulfillment operation during several waves of disruptions. It could do the same for you.